Income-tax Act, 1961

Section - 140B - Tax on updated return

Tax on updated return.

140B. (1) Where no return of income under sub-section (1) or sub-section (4) of section 139 has been furnished by an assessee and tax is payable, on the basis of return to be furnished by such assessee under sub-section (8A) of section 139, after taking into account,-

(i)- the amount of tax, if any, already paid as advance tax;
(ii)- any tax deducted or collected at source;
(iii)- any relief of tax claimed under section 89;
(iv)- any relief of tax or deduction of tax claimed under section 90 or section 91 on account of tax paid in a country outside India;
(v)- any relief of tax claimed un .... To read the full section download the app from Google Play store